PANews reported on January 26 that, according to Cointelegraph, Strategy co-founder Michael Saylor recently stated that the biggest threat to the Bitcoin networkPANews reported on January 26 that, according to Cointelegraph, Strategy co-founder Michael Saylor recently stated that the biggest threat to the Bitcoin network

Michael Saylor: Speculators pushing for protocol changes are the biggest threat to Bitcoin.

2026/01/26 09:10
1 min read

PANews reported on January 26 that, according to Cointelegraph, Strategy co-founder Michael Saylor recently stated that the biggest threat to the Bitcoin network is "ambitious speculators" who want to push for protocol changes. This statement sparked online debate, with Bitcoin extremist Justin Bechler arguing that Saylor was targeting software developers promoting non-monetary uses of Bitcoin (such as NFTs and on-chain images).

Helius CEO Mert Mumtaz opposed Saylor's views, calling his ideas "cancer," arguing that Bitcoin is not perfect and has many vulnerabilities that should not be left unaddressed. Several X users also mentioned the ongoing spam war and Bitcoin Improvement Proposal 110, which aims to filter non-monetary data. Saylor's post exacerbated the debate between Bitcoin holders (who want the protocol to be solidified) and software developers (who advocate for expanding Bitcoin's functionality, such as quantum-resistant wallet addresses and on-chain file storage).

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